WITHIN-TEAM COMPETITION IN THE MINIMUM EFFORT COORDINATION GAME |
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Authors: | Enrique Fatas Tibor Neugebauer Javier Perote |
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Institution: | LINEEX and University of ValenciaUniversity of HannoverUniversity of Rey Juan Carlos, Madrid |
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Abstract: | Abstract. We report the results of an experiment on a continuous version of the minimum effort coordination game. The introduction of within-team competition significantly increases effort levels relative to a baseline with no competition and increases coordination relative to a secure treatment where the pay-off-dominant equilibrium strategy weakly dominates all other actions. Nonetheless, within-team competition does not prevent subjects from polarizing both in the efficient and the inefficient equilibria. |
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